Property profile

6989 Hwy 62/412 Viola, AR 72583

OFF-MARKET
Retail properties & Spaces
720 SF 10.42 ac lot
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Property summary

AI-generated overview

This exceptional commercial property, located at 6989 Hwy 62/412 W in Viola, Arkansas, presents a unique investment opportunity. Situated on approximately 10.42 acres of gently rolling land, this property boasts an impressive 437 feet of frontage along a high-traffic US highway. The existing 720 square foot office building includes several offices and a bathroom, providing immediate usability. In addition to the main office building, the property also features a storage building, a shop building, and a shed, offering versatile storage and workspace options. The property's location in Fulton County, Arkansas, offers easy access to the recreational amenities of Lake Norfork, approximately 20 minutes away. This versatile property is ideal for a variety of commercial uses and presents significant potential for growth and development. The asking price is $159,000. This is a rare opportunity to acquire a substantial commercial property with excellent highway visibility in a desirable location.

Property profile

Verified
Property type Retail properties & Spaces
Total area 720 SF
Lot 10.42 ac (453,895 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6989 Hwy 62/412 Viola, AR 72583
Viola metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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